Food Security Initiatives in Developing Countries to Strengthen World Agriculture Industry, According to a New Report by Global Industry Analysts

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Growth in the world agriculture market is dictated by factors, such as, rise in population, consumption, agricultural pricing, weather/climatic conditions, and regulatory and trade policies. Despite the uncertainties, and skepticism shrouding biotechnology, advancements in this sphere is expected to positively impact the agriculture industry.

San Jose, CA (PRWEB)September 10, 2008

Noteworthy trends stealthily taking shape in the world agriculture industry include the green revolution induced rising focus on sustainable agriculture practices, and the growing magnitude of consolidation in the industry. The increase in the production costs, coupled with the decline in the prices offered for livestock and crops to the farmers are some of the main factors responsible for the increasing emphasis upon consolidation. Growth in the world agriculture market will be turbo-charged by the astounding rise in world demand for food. Studies reveal world demand for food to triple by the year 2050, thereby underling the need for enhancing food output to meet the demand of the rising population. Given their large population bases, China and India represent few of the largest importers of grains worldwide.

Agricultural biotechnology industry is mushrooming, especially in developing countries where steady rise in economic levels have resulted in consumers demanding high quality products and increased choices in terms of varieties. Agricultural biotechnology revolves around developing genetically modified crops that have tolerance to herbicides, and in-built resistance to pests and high nutritional value. The technology is increasingly being preferred, given its ability to significantly cut down worldwide insecticide usage, and help meet food security targets in the developing nations. The rising market clamor, and the ethical and environmental debate over genetically modified food will however continue to challenge the agriculture industry. While genetically modified crops decline in demand amidst stringent regulatory controls in developed markets, China, India, and other Asian countries are expected to record maximum growth for genetically modified crops in the upcoming years.

Organic agriculture represents another potential driven agricultural farming technique. Growing levels of health consciousness among modern consumers have ignited the concept of organics. Organics is the buzzword for success in industries ranging from food, beverages to agricultural produce. Its therefore of little surprise that organic agriculture, an embodiment of pesticides, chemical fertilizers, and synthetic preservatives free method of farming is rising in popularity. The area under certified organic agriculture is expected to expand in the upcoming years. For instance, area under organic farming in Western Europe is expected to be a quarter of its agricultural land by 2030. Future growth in organic agriculture will be dictated by the encouragement afforded by governments in the form of beneficial policy measures. The need of the hour is the establishment of common standards and accreditations designed to serve as a benchmark.

Demand for agrochemicals is proportional to the dynamism of agricultural sector, which represents the major end use market. The market is driven by research and development of new products, and effective marketing strategies coupled with adroit post-patent product management.

The report titled "Agriculture: A Global Outlook", published by Global Industry Analysts, provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. Discussions in the report take note of burning issues consuming the world agriculture industry, such as, food security for nations, food integrity, environmental degradation, and the growing notoriety of GMOs (Genetically Modified Organisms). Also covered are evolving trends i.e. the green revolution brought about by organic farming, e-commerce penetration in agrochemical trading, and the impact of biotechnology on agriculture, among others. Punctuated with 64 data rich, information laden tables and easy to understand charts and graphs, the discussion on the global market offers exclusive coverage on Agricultural Biotechnology, Agriculture and Environmental Diagnostics, and Agrochemicals, among others. Annotated with tables that enumerate key research findings, the regional markets briefly abstracted, and summarized include the US, Canada, and Japan, among others. The report provides an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 415 companies worldwide.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.